Global Market Study on Double Coated Foam Tape: Asia Pacific Regional Market Expected to Account for More Than 1/3rd of the Total Market Value Share by 2026 End


Double Coated Foam Tape  Market
  • Published On : Aug-2018 |
  • Pages : 187 Pages |
  • Format :

This report provides forecast and analysis of the ‘Double Coated Foam Tape Market’ at the global level. It provides historical data of 2013-2017 along with forecast from 2018 to 2026 in terms of value (US$ Mn) and volume (Mn Sqm). The report also includes macroeconomic indicators along with an outlook on double coated foam tape demand and pressure sensitive tape demand globally. In addition, it includes global drivers, restraints and recent trends of the double coated foam tape market. The report also comprises the study of opportunities for double coated foam tape manufacturers and also includes detailed value chain analysis.

In order to provide users of this report with a comprehensive view of the market, we have included detailed competitive analysis and company players with their SWOT analysis and strategy overview. The dashboard provides detailed comparison of double coated foam tape manufacturers on parameters such as operating margin, total revenue, product portfolio, and what we call ‘innovation scale’. The study encompasses market attractiveness analysis by material type, application, adhesive type, end use, and region.

The report includes million square meter sales of double coated foam tape and the revenue generated from sales of double coated foam tape globally and across all important regional economies. The global double coated foam tape market is segmented on the basis of material type into Polyethylene (PE), Polyurethane Resins (PUR), Polyvinyl Chloride (PVC), and Others (PET, PP etc.). On the basis of application, the global double coated foam tape market is segmented into mounting, sound dampening, glass glazing, high temperature applications, and bonding. On the basis of adhesive type, the global double coated foam tape market is segmented into acrylic-based, rubber-based, and silicon-based. On the basis of end use, the global double coated foam tape market is segmented into automotive, building & construction, household, and electrical & electronics.

Double coated foam tape market numbers have been assessed based on sales and weighted average pricing of double coated foam tape by product type and then aggregate revenue is derived through country pricing trends. Double coated foam tape market size and forecast for each segment have been provided in the context of regional markets. The double coated foam tape market has been analyzed based on expected demand and current double coated foam tape market scenario. Pricing is considered for the calculation of revenue that are average country prices obtained through primary quotes from numerous regional double coated foam tape manufacturers, suppliers, and distributors. All key end users have been considered on the basis of secondary sources and feedback from primary respondents. Country demand patterns have been considered while estimating the double coated foam tape market for various end uses of double coated foam tape in different regions across the globe. Top-down approach has been used to estimate the double coated foam tape market by country. Double coated foam tape market numbers for all the regions by material type, by application, by adhesive type, and by end use have been derived using the bottom-up approach, which is cumulative of each region’s demand. Company-level double coated foam tape market share has been derived on the basis of revenues reported by key manufacturers. The double coated foam tape market has been forecast based on constant currency rates.

A number of primary and secondary sources were consulted during the course of the study. Secondary sources include Factiva, World Bank, Packaging Digest, Hoover’s, and company’s annual reports and publications.

Detailed profiles of companies are also included in the report to evaluate their strategies, key product offerings and recent developments. The key players of the global double coated foam tape market are 3M Company, Intertape Polymer Group Inc., tesa SE Group, Berry Global Group, Inc., Scapa Group plc., Shanghai Yongguan Adhesive Products Corp.,Ltd., Bow Tape Co., Ltd: Company, Essentra plc, J R Tape Products Pvt. Ltd., V. Himark (USA) Inc., Parafix Tapes & Conversions Ltd., Guangzhou Broadya Adhesive Products Co., Ltd., Saint-Gobain Performance Plastics Corporation, Nitto Denko Corp, Adhere Industrial Tapes, Gergonne Industrie SAS, Lamatek Inc., Avery Dennison Corporation, Adhesive Applications Inc.

Key Segments Covered

By Material Type

  • Polyethylene (PE)
  • Polyurethane Resins (PUR)
  • Polyvinyl Chloride (PVC)
  • Others (PET, PP etc.)

By Application

  • Mounting
  • Sound Dampening
  • Glass Glazing
  • High Temperature Applications
  • Bonding

By Adhesive Type

  • Acrylic-based
  • Rubber-based
  • Silicon-based

By End Use

  • Automotive
  • Building & Construction
  • Household
  • Electrical & Electronics

By Region

  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Rest of Latin America
  • Europe
    • Germany
    • France
    • Italy
    • Spain
    • U.K.
    • NORDIC
    • Russia
    • Poland
    • BENELUX
    • Rest of Europe
  • Asia Pacific (APAC)
    • China
    • India
    • Australia & New Zealand
    • ASEAN
    • Japan
    • Rest of Asia Pacific
  • Middle East & Africa (MEA)
    • Northern Africa
    • South Africa
    • GCC Countries
    • Turkey
    • Rest of Middle East & Africa

Global Double Coated Foam Tape Market Analysis: Excellent resistance to vibration and noise gives double coated foam tapes an edge

The key driving factors propelling the demand for Double Coated Foam Tape globally are the properties of the double coated foam tape such as vibration & sound dampening, noise reduction, and mounting. The global Double Coated Foam Tape market is projected to expand at a CAGR of 5.4% during the forecast period (2018-2026).

The double coated foam tape finds applications in mounting, glass glazing, sound dampening, high temperature applications. The mounting and high temperature applications collectively accounts for more than 60% of the total market share in the global double coated foam tape market by the end of the forecast period. On the basis of end use, the global double coated foam tape market has been segmented into automotive, building & construction, household, and electrical & electronics. Automotive segment is anticipated to account for nearly 38% of the total market share in the global double coated foam tape market by the end of forecast period.

The double coated foam tapes offers various features as these tapes are an ideal choice for sticking to uneven surfaces and for mounting application in building and construction industry where high strength adhesion is required. Double coated foam tape can handle a lot of thermal stresses and movement stresses. These tapes are also good at resisting UV (the acrylic adhesive version), sound, vibration and shock. Double sided foam tapes are designed to stick two surfaces. These tapes find applications in mounting, high temperature applications, sound & vibration dampening etc. Used for general bonding and mounting of signs, mirrors, moldings, extrusions, etc. good tack with excellent shear and adhesion to most surfaces. The use of heat and pressure will help increase the initial bond of the product. Adhesion may take place by 50% during the first 24 hours depending on surfaces, heat and pressure, etc. These properties increases the sales of the double coated foam tape market during the forecast period.

The manufacturers of double coated foam tapes are focusing on enhancing the performance of double coated foam tapes that are commonly used in automotive industry and building & construction with high shear strength and vibration resistant. Plastic (polyethylene) is a common backing material used by double coated foam tape manufactures to alter the physical properties of double coated foam tapes. The demand for plastic backed high performance double coated foam tape is set to increase in the future.

The price of double coated foam tape is high as the adhesives are applied on both sides of the tape. The increasing competition among the end use industries for low cost products is resulting into low profit margins for tape manufacturers, ultimately affecting their overall profitability. Tape manufacturers are focusing on cost reduction for their products by implementing new methods and through the use of other low-cost optional materials and technologies. Tape manufacturers are working hard to maintain their market position and to retain their customers by implementing low cost strategy for labels, thus compromising their profitability margins. Increased raw material prices have become a serious issue for manufacturers of double coated foam tapes. Rising prices of film material, printing inks, adhesives resins, and special paper are hampering the profits of all the concerned businesses in the double coated foam tape value chain. However, the outlook for the global double coated foam tape market is expected to be positive during the forecast period.

double coated foam tape market

The Asia Pacific market for double coated foam tapes is anticipated to witness a healthy growth during the forecast period. The fast development of manufacturing infrastructure, technological advancements, and easy availability of raw materials lead to promising growth in the region.

Detailed profiles of companies are also included in the report to evaluate their strategies, key product offerings, and recent developments. The key players of the global double coated foam tape market are 3M Company, Intertape Polymer Group Inc., tesa SE Group, Berry Global Group, Inc., Scapa Group plc., Shanghai Yongguan Adhesive Products Corp.,Ltd., Bow Tape Co., Ltd: Company, Essentra plc, J R Tape Products Pvt. Ltd., V. Himark (USA) Inc., Parafix Tapes & Conversions Ltd., Guangzhou Broadya Adhesive Products Co., Ltd., Saint-Gobain Performance Plastics Corporation, Nitto Denko Corp, Adhere Industrial Tapes, Gergonne Industrie SAS, Lamatek Inc., Avery Dennison Corporation, Adhesive Applications Inc.

Company Profiles

3M Company
V. Himark (USA) Inc.
Parafix Tapes & Conversions Ltd.
Guangzhou Broadya Adhesive Products Co., Ltd
Saint-Gobain Performance Plastics Corporation
Nitto Denko Corp
Adhere Industrial Tapes
S Gergonne Industrie SAS
Lamatek Inc
Avery Dennison Corporation
Adhesive Applications Inc.
Intertape Polymer Group Inc.
tesa SE Group
Berry Global Group, Inc.
Scapa Group plc.
Shanghai Yongguan Adhesive Products Corp.,Ltd.
Bow Tape Co., Ltd: Company Overview
Essentra plc.
J R Tape Products Pvt. Ltd.
Others.

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